NECESSARY PRODUCT AS A METHODOLOGICAL BASIS FOR THE COST OF LABOR FORCE

Authors

Abstract

The article considers the category of a necessary product as an employee's livelihood fund, and its cost is the cost of labor. At the same time, the necessary product is a single measure of workers across the entire production sector, but as an abstract category. In practice, wages, as the converted value of labor, are differentiated depending on the productive power of labor.

Keywords:

necessary product fund of living resources natural and climatic features labor productivity factors of production

References

Krueger, A. B. (2015). The history of economic thought on the minimum wage. Industrial Relations: A Journal of Economy and Society, 54(4), 533-537.

Piketty, T. (2014). Capital in the twenty-first century. Harvard University Press.

Суханова Т.В. (2000) Концептуальные основы формирования цены рабочей силы на современном этапе. – Диссертация на соискание учёной степени кандидата экономических наук, СПб.

Усманов А.С. (1996) Научные основы регулируемых рыночных отношений. –диссертация на соискание учёной степени доктора экономических наук, Ташкент, 1996.

Downloads

Published

How to Cite

NECESSARY PRODUCT AS A METHODOLOGICAL BASIS FOR THE COST OF LABOR FORCE. (2023). Economic Development and Analysis, 1(8), 302-307. https://doi.org/10.60078/2992-877X-2023-vol1-iss8-pp302-307